Black Friday Discounts a Fight to the Bottom: Liebmann

Black Friday Discounts a Fight to the Bottom: Liebmann

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

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The video discusses the impact of Black Friday sales on profits, highlighting concerns about deep discounts and early sales. It touches on personal fashion choices and the influence of consumer behavior. The video also examines shipping challenges faced by companies like UPS and Amazon, and the shift towards consistent online shopping. Finally, it explores how retailers manage discounts and the psychology behind consumer purchases.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern for retailers during Black Friday sales?

The weather conditions

The profitability due to heavy discounts

The competition from local stores

The availability of new products

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What humorous element is discussed in the second section?

A funny incident at a restaurant

A personal story about a thrift shop purchase

A joke about the narrator's hairstyle

The narrator's favorite movie

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have online shopping trends changed according to the final section?

People are shopping less online

Online shopping is now a daily activity

Cyber Monday is the only day for online deals

Retailers have stopped offering discounts online

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant change in shipping logistics mentioned?

Retailers are handling their own deliveries

Retailers are no longer promising quick delivery

Shipping companies are offering free shipping

Shipping companies have improved their efficiency

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the narrator's reaction to the discounts in the department store?

They complained to the store manager

They were tempted and made a purchase

They were skeptical about the discounts

They ignored the discounts